January 2009

Politicians in Washington D.c. have cooked up a nice way to re-create the mistakes of the Great Depression by attaching a 'Buy American' provision onto the stimulus bill making its way through Congress. Apparently the Canadians and…

This is pretty funny actually (Hat tip Michael Turk).

Remember to switch your RSS feed to https://creditwritedowns.com/feed since FeedBurner has not been forwarding my feed correctly. The Most Popular Twitter Acronyms - Digital Inspiration Wall Street suffers worst January - BBC News…

Evidence that companies think that much of the downdraft in the economy represents a structural shift to a lower revenue base instead of a cyclical shift comes from the enormous goodwill writedowns companies are taking.  Case and point is…

I have been out the entire morning and haven't been able to read any news reports on the GDP numbers. However, I have just now had a chance to look at the data and wanted to share my thoughts with you, unfiltered by the media reports. I…

Wading into the controversy surrounding Peter Schiff's investment under-performance, the Wall Street Journal has released an article which calls into question the fundamental arguments for Schiff's investment strategy. Schiff, a fund…

The monthly Nationwide Building Society survey is out for house prices in the U.K. The data show an annual fall that is the steepest on record at 16.6%. This means that house prices are now falling more rapidly than ever in the U.K. and…

You heard the quotes (China slams U.S. profligacy). Here's the video. After some brief introductory remarks Chinese Premier Wen gets down to ripping into the United States. If you want to get right to his most quotable remarks, they begin…

Here it is, my daily smörgåsbord of links from around the web. As usual, these links spathe world of economics, finance and politics. But, I will also start inserting a few links on technology as well because I am a bit of a technophile.…

You may have heard about the Rags-to-riches movie "Slumdog Millionaire" which recently won a Golden Globe for Best Picture. I saw the film and thought it was brilliant. Nevertheless, not everyone agrees with this sentiment, as the video…